Sindh cabinet meets to discuss budget

BusinessSindh cabinet meets to discuss budget

KARACHI: Sindh Chief Minister Syed Qaim Ali Shah said on Friday the provincial government wants to present a people friendly budget for the fiscal year 2013-14.

He was presiding over a meeting of his cabinet in Karachi on Friday where matters pertaining to the provincial budget, tax proposals and resource mobilization were discussed.

The Sindh provincial budget for the fiscal year 2013-14 is expected to be announced on June 17.

Syed Murad Ali Shah, the CM’s Adviser on Finance, submitted budgetary proposals to the chief minister and the cabinet during the meeting for further approval.

Out of the Rs 1,502 billion share of provinces for fiscal year 2013-14, Sindh will receive Rs 400 billion from the federal divisible pool of taxes and transfers.

According to details of the budgetary proposals available with media, the Sindh government is planning to spend Rs 14 billion on education, Rs 13 billion on health, and Rs 2 billion on social relief packages.

The government is also considering a Rs 2.5 billion spend on a ‘special package’ for the holy month of Ramazan, starting from the second week of July, and a special package for Karachi worth Rs 3 billion.

The government is also considering expenses of up to Rs 49 billion on law and order, Rs 46 billion separately for Police, and Rs 3 billion on Rangers this year.

Spending of up to Rs 35 billion is expected for agriculture and irrigation, while Rs 2 billion will be set aside to invest in the Tharcoal project.

Meanwhile, Rs 2 billion will be distributed to Hyderabad, Sukkur, Mirpurkhas, larkana and Khairpur division each.

Sources also said that the government is planning to spend up to Rs 1 billion this year on the circular railway project in Karachi.

The chief minister is expected to announce 16,000 new government employments in different departments, apart from plans of 7,500 new recruitments in the police force, reliable sources said.

During the meeting, an increase of 10 per cent in salaries and pensions of provincial government employees was proposed as well as a raise in tax on property and imported whiskey, among other items.

Sources said the cabinet meeting also discussed initiating a public transport project worth Rs 0.5 billion with 200 new ‘special buses’, 50 of them for women with female drivers and bus conductors.

The meeting was attended by provincial ministers Nisar Ahmed Khuhro, Sharjeel Inam Memon, Manzoor Wassan, Mir Hazar Khan Bijarani, Makhdoom Jamil- uz- Zaman, Dr. Sikandar Mandrio, Sardar Ali Nawaz Mahar, Adviser Finance, Syed Murad Ali Shah, Sindh Chief Secretary, Muhammad Aijaz Choudhry, Sindh Secretary Finance, Suhail Rajput, and other officials.

The budgetary proposals are expected to be finalised by Monday.

Must read

Recent News

US reopens Kyiv embassy after warning issued following big Ukrainian strike on Russia

US reopens Kyiv embassy after warning issued following big Ukrainian strike on Russia

0
Monitoring Desk: The United States reopened its embassy in Kyiv after it had shut for the day due to what Washington called the "threat...
Moscow says it won’t allow US to silence UNSC on Israeli violence against Palestinians Monitoring Desk: Russian envoy in United Nations Vasily Nebenzya said that the UN Security Council should bring peace, stability and prosperity to the Middle East and Russia would not allow United States to silence UNSC over the issue of Gaza crisis. According to TASS news Agency, Nebenzya said that Moscow will continue to call for an end to violence against Palestinians and will not allow the US to muzzle the UN Security Council as Washington seeks to support Israel's operation in Gaza. "We will continue to stand firmly for ending violence against the Palestinians. Without a shadow of a doubt, we will continue to expose the abuses and sanctimony with which the US is handling the situation. We will not allow the Americans to gag the entire council with their hands in an effort to encourage further continuation of Israel's ruthless operation," he said in a speech at the Security Council.

Moscow won’t allow the US to silence the UNSC on Israeli violence against Palestinians

0
Monitoring Desk: Russian envoy to the United Nations Vasily Nebenzya said that the UN Security Council should bring peace, stability, and prosperity to the...

From Valdai to Margalla Dialogue —- All roads to Civilisations go through Islamabad

0
By Shazia Anwer CheemaThe emergent realities of global security are fundamentally transforming the frame of references and trajectorial approaches toward them. New security architecture...

12 more men in uniform embraced martyrdom for the motherland in Pakistan

0
Monitoring Desk: 12 more men in uniform embraced martyrdom for the motherland in Pakistan, said Inter Service Public Relations (ISPR) of the Pakistan Army.On...
Dr. Attia Anwar

Lifelong learning

0
By Dr. Attia AnwarAs we age, our minds and mental health become more important. We should try to maintain and improve them. Education is...
Advertisement